Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD - BEARISH ENGULFER

Audusd has printed a daily engulfer yesterday with decent context, as it was printed on a flipped level where price became support and resistance multiple times.

On the H1 we can see price broke an uptrend with decent volume and some space.

Looking for price to snatch liquidity at the equal highs and for me to get an entry just above this and target the double bottom.
Trade closed: target reached

Disclaimer